What Caused Multi Ways Holdings (MWG) To Soar Nearly 49% In After-Hours Trading?
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Multi Ways Holdings Ltd. (MWG) surged 48.72% in after-hours trading following the release of its first-half 2025 financial results. The company reported a significant increase in net revenue and net income, driven by strong equipment sales and major infrastructure projects. Despite higher revenue, the gross profit margin declined due to competitive pressures and rising input costs. The company expressed optimism for future infrastructure projects. MWG's stock has struggled over the past year but showed recent gains.
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